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by hnick 1950 days ago
That's a large part of my view on it.

Even if no one "believes" in it, and the value essentially freefalls, BTC or something like it is still useful as a short term settlement device in lieu of taking suitcases of cash over a border or similar. You buy the token, send it to someone, they cash it out. People on each side (maybe the same person!) take a cut.